"X ` Man" wrote in message ...

On 10/31/11 1:48 PM, Califbill wrote:
"X ` Man" wrote in message
m...

Remember when teachers, public employees, Planned Parenthood, NPR and
PBS crashed the stock market, wiped out half of our 401Ks, took
trillions in TARP money, spilled oil in the Gulf of Mexico, gave
themselves billions in bonuses, and paid no taxes? Yeah, me neither.


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Actually those teachers unions, Public employee unions and 401k mutual
funds are very responsible for a lot of the crash and malfeasance of
"Wall Street". They have enough voting power to fire overpaid,
incompetent CEO's and boards with the retirement money they oversee.
They have the power to control "Wall Street", but they abdicate that
responsibility to the incompetent CEO's and boards.

Perhaps you'll grace us with a list of large publicly traded
corporations whose boards of directors and CEO's are controlled by union
pension funds, eh?


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that is the problem. Those huge mutual and pension funds should use their
majority ownership control to reign in the excesses.